Connect with us

Hi, what are you looking for?


Ivey proposes increased state budgets, but financial leaders warn legislators of cliff

Ivey is proposing a 6.5 percent increase in the Education Trust Fund budget and an 8.4 percent increase in the General Fund.

Bill Poole speaks at the Business Council of Alabama.
Getting your Trinity Audio player ready...

Gov. Kay Ivey is requesting an $8.79 billion budget in the Education Trust Fund, a 6.5 percent increase over last year’s record-setting budget.

But Alabama Finance Director Bill Poole and Fiscal Officer Kirk Fulford said legislators should proceed with caution as trends show the surge in tax revenues will soon be coming to an end.

“This is an astronomically different time that we’re dealing with right now in our economy in Alabama and also nationwide,” Fulford said. “And understand, it’s something that can’t continue at the rate that it’s been going.”

Ivey’s priorities, outlined in greater detail in her State of the State address Tuesday night, include $1 billion in tax rebates, expanding the state pre-K program into high-need areas, raising teacher pay by 2 percent, retiring debts and capital projects for schools.

Ivey is requesting $2.97 billion for the General Fund in the upcoming fiscal year, an 8.4 percent increase.

Priorities there include the rising costs of Medicaid and prisons.

The Alabama Department of Corrections is facing increased costs to bring in correctional officers and to provide health care for incarcerated individuals.

Advertisement. Scroll to continue reading.

Jacob Holmes is a reporter at the Alabama Political Reporter. You can reach him at [email protected]

More from APR

Featured Opinion

A viral video reveals that GOP lawmakers are clueless about problems facing working people.


The challenge encourages children to include reading in their summer activities.


Students entering first grade without completing kindergarten will take the assessment to determine whether they need educational intervention.


Gov. Kay Ivey and business leaders celebrated the outcome.